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Liberty Bank goes Geezeo for digital finance revamp

Geezeo

Connecticut-based Liberty Bank has chosen Geezeo’s retail and business financial management solutions for more data and insights for its customers. Geezeo is a white-label personal financial management (PFM) provider for banks and credit unions in the US. The bank will use “Responsive Tiles” – which offers digital money management features that can be integrated into […]

Payments keep pushing Fiserv revenue growth

Fiserv's Precision core banking system gains new taker

The power of payments keeps on driving revenue growth upwards for Fiserv – with some healthy Q1 2017 results. GAAP revenue for the company increased 5% in the first quarter to $1.39 billion, driven by 6% growth in its payments segment and 4% growth in its financial segment, compared to the first quarter of 2016. […]

Symitar edges to new record with six credit union clients

Symitar 1

Jack Henry’s subsidiary Symitar has set a new record with the addition of six new US credit unions to its Episys core processing system in one fiscal year. All of these credit unions have more than $1 billion in assets and Symitar says getting six new relationships in one fiscal year breaks its previous record […]

Trio tussle to win Payments Canada’s tech revamp contract

Fully digital mortgage now a reality in Canada

CGI, SIA and VocaLink are fighting it out to win the contract for Payments Canada’s new core clearing and settlement system. Payments Canada has invited the three suppliers to participate in a competitive procurement process for the country’s new system, called Lynx. Jan Pilbauer, executive director of modernisation and CIO at Payments Canada, says this […]

BBVA buys Mexican payments start-up Openpay

BBVA

BBVA Bancomer, a fully owned subsidiary of BBVA, has acquired Mexico-based payments start-up Openpay to tap into its network of more than 15,000 payment reception points across the country. Openpay offers a platform for physical and electronic payments for businesses via its real-time Paynet network. According to BBVA, the start-up manages more than one million […]

US EMV hits milestone: one billion Visa chip transactions in March 2017

visa-emv-chip-infographic

US EMV use has hit a milestone. For the first time, the number of Visa chip card transactions topped one billion last month, a 330% increase from March 2016.

USAmeriBank in “next generation” payment hub move

Can you guess what country is this bank in?

USAmeriBank (formerly Aliant Bank), a $3.8 billion bank operating in the US states of Alabama and Florida, is building a new payments hub for its domestic and international wire transfers.

Corelation signs three credit unions for Keystone core tech

More credit unions sign for Corelation's Keystone core processing tech

California-based core banking software vendor Corelation has added three more customers to its list. These are Blue Eagle CU, Brazos Valley Schools CU and Long Beach City Employees FCU.

Innovation spotlight: North American FIs going social

Who doesn't like a good party!

As banking continues to go digital, online innovators and niche players in North America are getting personal by adding social activities to their customer services.

CFPB to delay final prepaid rule by six months, “revisit” aspects with new proposal

CFPB

It’s official. The US Consumer Financial Protection Bureau (CFPB) is pushing back the effective date of its final rule on prepaid accounts until 1 April 2018 – six months after the originally scheduled implementation date of 1 October 2017.

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